Neither does silver. That's what no counterparty risk means. It's another name for gold and silver is money. Fiat isn't money, and calling it that is an example of stolen valor.
>Gold doesn't require the financial system to function.
>It doesn't need banks to operate, governments to honor promises, or markets to stay liquid.
>Independent wealth preservation.
https://x.com/BullionStar/status/1981664852457488696

>>61151212
Knowledge is power

>>60693903
>backing
That's the key word. Silver is money.

>>60516928
This.